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for watching. i'm al sharpton. "hardball" starts right now. >>> obama to boehner, get serious. let's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let me start tonight with this. the republicans have their plan, and it's great news for the rich. speaker john boehner just put it out. those at the top, the 2%, are safe. your bush tax cuts are going to keep on giving. one problem, mr. boehner, you lost. that was your position before the election, and you lost. mitt romney campaigned on keeping the tax cuts for the wealthy, and he lost. and he promised to do what john boehner is doing right now, and he lost. how about some respect for the electorate? how about seeing what the 2012 presidential debate was about? obama championed tax fairness and won. republicans championed protecting that 2%, ignoring the 47% he talked about, and they lost. today boehner said he's willing to raise revenues by the same amount he agreed to back in august of 2011, the last time they had this fight. again, he's willing to act like the election never happened. no wonder. again, he lost. j
, in the words of speaker john boehner, we need to find common ground here, and we need to do it quick. >> there ain't going to be any between these two ties, my man. over here, good news, jon meacham will be number one on "the new york times" best-seller list this weekend. >> hear, hear. >> his book, "jefferson." bad news is he's going to get there wearing that tie with bunny rabbits on it. here they are. could we get a text poll? >> can i just tell you, i got this from harold ford. >> that explains a lot. >> so there you go. >> that means it's free at both ends. >> it's a disgrace to michael steele who dresses so well each and every day. >> look, i just show up and play, baby. that's it. >> you're doing a good job with that. >> got the pocket square. steele's going for if. >> congratulations on the book. >> thank you. >> going gangbusters. >> thank you. it's been fun. i've been out talking to folks, and everybody's been really, really nice. >> why are people so thrilled? i'm not saying this to give you crap. >> i can tell. >> why are people so thrilled by thomas jefferson? >> i think
boehner. >>> plus, karl rove hasn't learned a thing is since its infamous air meltdown. why is he questioning polls again? >>> and a very special guest is here with me tonight. we have a gold medal winner onset. gabby douglas live in the studio. her story of sacrifice inspired a country. you're watching "politicsnation" on msnbc. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> have you joined the "politicsnation" conversation on facebook yet? we hope you will. today our fans were buzzing over the newly released photo of the president on the phone with mitt romney as he conceded to him on election night. he have len says, the president was probably so glad it was over so that he could get back to working for our country. david says, he must have been elated and relieved. linda says, i know how he felt. so happy. we want to hear your thoughts on this picture. and any other story you are interested
and john boehner spoke by phone. >> we cannot negotiate by ourselves. >> the hold up right now is that speaker boehner took a position, i think the day after the campaign, but said we're willing to bring in revenue but not increase rates. >> gridlock, 26 days and counting. >> no word on what the president and speaker boehner discussed, but given the fact that there has not been progress, just the fact they were on the phone represents a small development. >> still to come, he has been through hundreds of deals and no deals, has decided if america has talent, and now he is taking it all. howie mandel joins us about his new holiday game show. >> sunshine. clouds to the northwest. that is what we will watch. watch. is the fastest internet in america. just ask pc mag. [ male announcer #2 ] cable can't touch fios upload speeds. it's hard to imagine anyone ever beating fios. there's no doubt fios is the fastest in the country. [ male announcer #1 ] after 110,000 speed tests, nothing came close to fios. upgrade now with this amazing holiday deal and get fios internet, tv and phone for
: house speaker john boehner coming out on top. what was the intra party skirmish all about? we have the answers. a big seat to fill, they call him the king maker. conservative senator jim demint calling it quits who. will step in and what the change will mean for the next congress. if you're looking for an out of this world vacation, yes, you can have it literally, a trip to the moon for two, we are guessing it is all-inclusive, the whole story and the stunning price tag, all "happening now." good morning to you on this friday, the jobs numbers are in for november. i'm jon scott help the. >> reporter: i'm heather wheuld dreshelp the heather childress in nor jenna lee. >> it had more stimulus spending than it had in cuts and an indefinite, infinite increase in the debt limit like forever. four days ago we offered a serious proceed proceeds albased on testimony of president clinton's former chief of staff. since then there's been no counter offer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the ed
the leverage point for boehner is right now, knowing that fact. >> does he know that the president can't deliver his party without that rate change? >> i think he does, but i think also that the president knows that boehner has got some problems in his -- >> what does boehner need to do to pay for that? if boehner knows -- this is smart. if boehner knows he has to give on the tax rate at the top, what does his party insist on getting in return? do you know? do you know? what do they want? >> i think that they get -- as i said on this show before, the deal has always been, here, we will give you the cuts in spending if you give us a tax increase. we get the tax increase. we never get the cuts in spending. i think they want a definitive -- >> what do they want for spending? 50/50? >> i don't know if it's 50/50? >> 10 to 1. >> let's not get sarcastic. >> 3 to 1. >> yeah. it's not a question mark -- >> i think it's 50/50. >> three to one? >> yeah. >> $3 in spending cuts for every $1 in revenue? >> at least, at least. >> that's crazy. they'll never get that. they won't get that, will they?
with the very latest. jessica? >> reporter: president obama has now personally turned down speaker boehner's opening offer to avert the fiscal cliff. he did it in a tv interview. what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> unfortunately, the speaker's proposal right now is still out of balance. he talks about $800 billion worth of revenues but says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> reporter: he won't agree to eliminate a tax deduction for contributions to charity. >> every hospital and university and nonfor profit agency across the country would find themselves on the verge of collapse. so that's not a realistic option. >> reporter: but the president didn't say all this to speaker boehner. he said it in an interview on bloomberg tv. the last time the two men spoke was almost a week ago. president obama is focused on the stalemate with congress over averting the fiscal cliff, but he's just not talking to house republicans about it. at the white house, he discussed the issue with a bipartisa
to speaker boehner yesterday he is reading reports that the president is trying to slow walk this thing. listen to the speaker. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> there are a lot of things that are possible to put the rev that the president seeks on the table, but nope of it is going to be possible. the president insists on his position. insists on my way or the highway. that's not the way to get to an agreement that i think is important for the american people and very important for our economy. >> there you go. so that's what speaker boehner's office is saying. they had a phone call on thursday. but people wondering if they are not even talking at all anymore. >> he said this is no way to an agreement there should be compromise. if you are elected official you should represent all of the united states and you should compromise and hear both sides. >> i think you should go off the fiscal cliff. americans are barreling down the road that's debt. there is a fork in the road. on the left are
and medicare. humbug, indeed. that's the christmas message from speaker boehner. "hardball" with chris matthews is next. >>> in the belly of the beast. let's play "hardball." ♪ >>> good evening. i'm chris mam ewes in washington. let me start tonight with some grave robbing. we're going gown to the dark, cold tomb of the late romney campaign. we're going to excavate the murky truths that were the living heart and mind of the defeated republican effort. going to exhume tonight the guts of the thinking that went on and went so wrong. tonight, we get what we only guessed at, the results of which played out in the numbers of election night. the nasty, anti-immigrant politics, the attitude toward that 47%, the failure to turn out the white male vote, the reason romney picked ryan and the wild prelude to the clipt eastwood performance. tonight on "hardball," the dark arona of what lies now beneath the dirt so we can understand what it looks like, to think and feel your way into a historic disaster. with me are jeff zeleny with "the new york times" and susan milligan who is contributing editor at ""u
so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few left. today there's a joint economic committee hearing. they're going to hear from a top economist not only about the jobs numbers coming out tomorrow but also about what can be done to avoid this issue at the end of the year. >> tracie potts for us in washington. thank you. >>> last night on the ed show, steny hoyer explains why he thinks the debt ceiling vote should be taken off the table. >> the debt ceiling is a phone y vote, frankly. and from time to time democrats have made it an item that they demagogue down and the republicans have demagogued on it, as well. the debt limit is a recognition o
to date. president obama, house speaker john boehner breaking the ice. >> that's good news, right? >> the two leaders discussing the fiscal cliff by telephone yesterday. no word of significant progress with just 26 days remaining to get a deal done. but there are signs of compromise. oak e oklahoma's republican senator breaking ranks, saying he's okay with raising taxes on the rich. >>> two seizures off the coast of the dominican republic last month, authorities recovering more than 50 bails of coke. it is weighing close to two tons. the drugs had a street value of $45 million. it will now be destroyed. >> are you losing your keys or misplacing your wallet. >> yes. >> there may be a quarter-sized blue tooth enabled button to communicate with a smart phone. >> sneakers, that's hysterical. >> the app will have a radar feature if they're getting warmer or colder. >> my blackberry charger. that's what i need it for. >> it just has to tell you where it is. >>> a sticky situation on a highway. in new hampshire, a tractor-trailer loaded with a cargo of maple syrup overturned on the inter
're looking for help. >> susie: and house speaker boehner accuses president obama of wasting another week in the fiscal cliff negotiations. >> tom: that and more tonight on "n.b.r."! >> susie: the job market is proving to be surprisingly resilient. american employers hired 146,000 workers in november, much more than expected. and the unemployment rate fell to 7.7%, the lowest level since december of 2008. as erika miller reports, that wasn't the only surprise in today's report. >> reporter: almost no one on wall street saw this good news coming. there was every reason to think hiring would be weak last month. after all, many parts of the east coast are still recovering from devastation caused by superstorm sandy. >> i think the most likely explanation here is sandy's impact was significant but was so short-lived that it didn't extend to the sample period of the employment report which was the week that covered november 12. >> reporter: hiring was also supposed to be weak due to worries about the fiscal cliff. with $600 billion in automatic tax hikes and government spending cuts set to sta
inside the beltway. cantor is worried -- excuse me, not cantor, boehner is worried about not being reelected as speaker of the house. they can't vote on that until january 4th with the new congress on that. cantor wants that job. so i think boehner's going to press for a deal, i think he's going to go ahead and allow president obama to raise taxes to 39.6%, and i think that'll take the edge off the fiscal cliff. david: let's take this discussion out of the beltway and into the real world. the economy, and, jeff, i want to start with you because you're bullish, but if you're so bullish, hy are you downgrading housing right now? >> because our housing team made a really good call on the housing stocks, and they outran their valuations on a short to intermediate-term basis. they downgraded them about two months ago. liz: okay, so where's the money? show it to us. >> i like just about everything except consumer staples. i think industrials look good, i think they are the new consumer staples. i think that consumer staples are the new investment vehicles of utility investors -- liz: an
. the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be progress these days here on capitol hill. >> we'll take that. tracie potts for us in washington. tracie, thanks. >>> egypt state television is reporting at least five people were killed in overnight flashes between supporters and opponents of egyptian president mohammed morsi. the street battles were the most violent since egypt's latest crisis erupted two weeks ago where morsi assumed near absolute power. the opposition is vowing more protests later today. >>> this morning, two australian radio hosts are apologizing for a prank call that's getting worldwide attention. it was made to the hospital where kate is being treated for acute morning sick sentencesness. anna bell roberts is with us. >> reporter: good morning, lynn. that's right. the latest on kate's condition is that she will remain in hospital. we're not quite sure for how much longer, but she is said to be doi
for the first time in days -- president obama and house speaker john boehner. it is raising new hopes for new negotiation -- they have been at a standstill since monday when the gop proposed raising revenues by closing tax loopholes, not by raising tax rates on the top earners as the president had demanded. this comes as a new poll suggests americans agree with the president. 40% want to that tax cuts expire for the wealthy. 32 percent say they should continue for everyone. more downsizing -- news from citigroup. they announce they are cutting 11,000 jobs worldwide. they're closing branches. a spokesperson says less than 1% of 3600 citibank employees in maryland will be laid off. one branch in the state will close in the glen burnie. a new annapolis fire department is getting over $200,000 in a grant from fino. congressmen -- fema. congressman judge sought -- john sarbanes said it will go to upgrading the fire station. some say fema is not that generous when it comes to aid for victims of superstore sandy. >> maryland woke up to this headline -- u.s. denies aid to more storm victims. this is
boehner opened the door for that. president obama has indicated no intention of looking at that. host: what deductions would you put on the table? guest: tax reform is not to raise revenue. is to make the tax code less of a drag on the economy. we do that by lowering tax rates and getting rid of some deductions, exemptions, credits. but we do not do it to raise revenue. host: chuck marra, how important our deductions? guest: they are very important. if you get into this notion that they are loopholes, then you look at the very popular deductions the people rely on. they're trying to balance the economic weakness with the long-term needs of the economy, which is that we do face a future of deficits that are unsustainable. we are trying to stabilize the debt has a share of our economy over time. that means about $4 trillion in savings. the good news is, last year, the congress and the president got together and locked in about $4 trillion of spending cuts. it has to be enacted. we're talking about 40% of the spending budget. that includes the defense budget, and other non-defense spendi
, house speaker john boehner attempted to paint a picture of white house negotiations and how to avoid going over the fiscal curve. i have been saying fiscal slope. now on the show, i'll go with curve. >> this isn't a progress report because there's no progress to report. four days ago, we offered a serious proposal based on testimony from president clinton's former chief of staff. there's been no counter offer from the white house. instead, reports i understand kate the president adopted a deliberate strategy to slow walk the economy to the edge of the fiscal cliff. >> the extremely vague republican proposal did not include an increase in tax rates a position he reiterated on friday making clear there's no movement on the white house's red line on treasury secretary tim geithner as he was asked about it wednesday. >> the administration's position when it comes to raising taxes on the wealthy. making more than $250,000. if republicans do not agree, is the administration prepared to go over the fiscal cliff? >> absolutely. >> there's no agreement that doesn't involve the rates going up
willing to go over the cliff. do you buy that? >> yes. they have a sense that they have boehner and the republicans in the house on the defensive. use the more republicans now saying they are willing to, in fact, raise tax rates if they get serious entitlement cuts and serious spending cuts. if the republican caucus and republican poliiical weight, at the moment, if you look at the polls, there is no dispute. although polls show that republicans will they are about three quarters of the blame. dagen: one of the reasons that bill kristol came out after the election and said they just need to step back and give way to these income tax rate increases because the president juan and they will wind up getting blamed one way or another if this thing goes wrong. >> you are talking about eligibility. maybe even taking it away a little bit. that is for upper income earners. if you just say, you know what, we will tailor it now. two people who really may arguably be said don't need it. i think that may be acceptable to democrats. dagen: would it be helpful to everybody if these discussions
appoint the honorable andy harris to act as speaker pro tempore on this day, signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: the prayer will be offered by our father, chap -- by our chaplain, father conroy. chaplain conroy: let us pray. gracious god, we give you thanks for giving us another day. you have blessed us with all good gifts and with thankful hearts we express our gratitude. you have created us with opportunities to serve other people and their need, to share together in respect and affection, and to be faithful in the responsibilities we have been given. in this moment of prayer, please grant to the members of this people's house the gifts of wisdom and discernment that in their words and actions they will do justice, love with mercy and walk humbly with you. may all that is done this day be for your greater honor and glory, amen. the speaker pro tempore: the chair has examined the journal of the last day's proceedings and announces to the house his approval thereof. pursuant to clause 1 of rule 1, the journal stands approve the c
a letter urging speaker boehner to take the last hexit before the cliff. neither president obama nor democrats in congress have ever been ambiguous about our proposal to provide economic security for 98% of american families and 97% of small businesses while asking the wealthiest 2% to contribute just a little more to stop this runaway debt. and now that even a dyed in the wool conservative like senator coburn of oklahoma has endorsed the democratic approach, here's what he said, "i know we have to raise revenue. i would rather see the rates go up," he said. he's been heavily involved in everything that's happened in the last several years in washington dealing with debt. when he joins in, that's really significant. it is apparent how this will end. the only question is, when will it end? it's how long will speaker boehner make middle-class families wait for relief and how long will he force the financial markets to wait for u un-- wait for certainty? the longer he delays, the greater i think ris the risk to. so i urge him, don't listen to me, listen to your own caucus. listen to pru
: house speaker john boehner. the top republican today accused president obama of, "slow walking", the economy to the edge of the cliff. he repeated his call for the president to send congress a plan that can pass both houses of congress. tax rates are the major sticking point. the president wants to raise them for america's highest earners, house republicans strongly oppose: >> instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington's got a spending problem, not a revenue problem. >> tom: congress and the president have 24 days to reach a deal, before the fiscal cliff's tax hikes and spending cuts take effect. >> susie: mark zandi says "bad things will happen to the economy pretty fast" if lawmakers don't settle the fiscal cliff issue. he's chief economist of moody's analytics. so mark falling off the fiscal cliff means bad things. how bad? >> it could be quite bad, susi
year. at this point, the negotiations are now down to president obama and john boehner. >> we mentioned superstore senate. why should that storm play a big role in the jobs report? >> we hear about new york and new jersey being impacted. 24 states were impacted. retailers closed and other businesses closed. if there was no super storm sandy, the economy could have added 200,000 jobs. instead we are looking at at about 100,000 jobs. >> 5:07. 33 degrees at the airport. and get some ceremonies to remember the anniversary of the attack on pearl harbor. >> attempting to hand over classified information. what he tried to leak. >> this is exit 17 at padonia road. volume is still light. weather and traffic when we come weather and traffic when we come back ♪ ♪ no two people have the same financial goals. pnc works with you to understand yours and help plan for your retirement. visit a branch or call now for your personal retirement review. >> good morning. 5:10. friday morning. closer to freezing when you get away from the city this morning. we do not have rain in the baltimore area. there
boehner, he has an idea of who's holding things up. >> there are a lot of things that are possible to put the revenue the president seeks on the table. but none of it's going to be impossible. the president insists on his position. insists on my way or the highway. >> in his weekly white house address this morning, president obama responded to boehner's remark. >> i'm willing to make more entitlement spending cuts on top of the one trillion dollars in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >>> holiday hiring may have given a big boost to the jobs report released yesterday. retail hirers hired more people than any month on record since 1939. 146,000 jobs were added to the economy last month, and the unemployment rate fell to a four-year low of 7.7%
majority leader, harry reid, and house speaker, john boehner. this after a 90-minute meeting with president obama at the white house this morning where they called for a quick resolution. the governors spoke to reporters at the white house for 15 minutes after that meeting and we'll show you as much as we can until the house gavels in in just a few minutes. >> well, goorn, everybody. i'm jack, the chair of the national governors association, the governor of delaware, joined by governor fallen of oklahoma, she's the vice chair -- governor fallin of oklahoma, she's the vice chair. the governor of arkansas. we are three democrats and three republicans. we just had what i would say was a very good meeting with the president. we came in part to make sure that the voices and the issues that we face as governors in states are heard and considered as part of the discussions going on here in washington. the president was very open to that. said we would continue to have a seat at the table. we talked about some of the issues that we often focus on as gompors. one of those being opportunities for fle
of the jobs. speaker boehner suggests that capping deductions would actually protect the middle class. >> we have to cut spending and put revenues on the table. now, the revenues will come from, guess who? the rip. there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates which we believe will harm our economy. >>reporter: the taxes will go up for those making moreover than $250,000 even if congress does nothing and also forren else but the polls suggest that the american will blame republicans. >>trace: thousands of workers are being laid off at a citigroup, slashing 11,000 jobs adding up to about 4 percent of the entire workforce. it is another cost-cutting move as banks continue to struggle after the recession in 2008 the citigroup nearly collapsed and took $2 billion in loops from taxpayers to stay afloat. investors welcomed the news on wall street. you can seat huge jump at the start of the day and citigroup stock has been climbing ever since. >> president obama will soon ask congress for tens
're notue due back -- not due back until next week. but house speaker john boehner is staying behind, ready to sit down and negotiate with the president. we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> the revenues on the table are going to come from guess who? the rich. >> reporter: they say if the bush-era tax cuts aren't extended for everyone, it will hurt everyone. and they invited people here to make their point. >> reporter: max olson opened an insurance company this year and is concerned he won't be able to add employees. >> you add their payrolls, plus an extra tax amount, then i may not be able to hire them because of it. >> reporter: president obama pressed his case tuesday, with ceos from some of the largest companies. >> i'm here to tell you, nobody wants to get it done more than me. >> reporter: the president wants to raise
, that is the same of what speaker john vader, offered the president in their negotiations -- speaker john boehner offered the president in their negotiations in 2011. the white house has consistently signaled a loss of of weeks that they will not accept any deal that keeps tax rates for the wealthy. >> russell burma is a staff writer for the hill. thank you. >> thank you. >> and you can go to our website c-span.org to read the letter that the president wrote to house rubble can survey. it was signed by house speaker john vader, majority leader eric cantor, and four others. a group of retired military officers and business leaders recently released a report outlining ways to decrease u.s. dependence on oil. the group today posted eighth discussion on oil independence. among the speakers, the senior -- the ceo of a and fedex, a white house adviser, and senators. >> a good morning, everyone. i especially want to thank members of the security council. they have been a distinguished group of members since 2006. i also want to give a special thanks to -- >> i want to give a special thanks to the staff
boehner comes out and gives his talk right after the election -- >> but honestly, the administration has criticized the republicans because there are no specifics in the spending cuts. >> come on, look. the erskine bowles language -- you know how this works. house republicans are will -- >> give me one. >> i won't play that game and here's why. house republicans -- house republicans are willing to sit . house republicans are willing to sit down. they're not any more anxious to deal with the cuts and pass the cuts than anybody else is but we demonstrated through the ryan budget, we did it once, we did it twice -- >> i'll give you that point. i wish everybody would stop talking about this in public and get behind closed doors and actually make this happen. i can't believe the amount of tough that is talking, the tough talk, we'll go over the cliff, we'll go over the cliff. >> let me ask you a point. it's a fiscal speed bump a $600 billion tax we need. the real thing we're headed for is the long-term progress we have to make. i'm very concerned the atmosphere is very poisoned the $600 billi
. it was disheartening to hear john boehner come out yesterday and say we are nowhere near any sort of progress or any sort of outcome. >> we have been talking. >> clayton: we have been having lunch, haven't been talking to the other side. and look we have the countdown clock, 23 days. and republicans are basically saying, look, the president doesn't want to do this, doesn't want to have an agreement. the president though is saying, look, we can get this done. let's listen to the president first. >> when all of this, bypassing a law that prevents a tax like on the first $250,000 of everybody's income, that means 90% of americans and 97% of small businesses wouldn't see their income taxes go up by a single dime and even the wealthiest americans would get a tax cut on the first $250 of their income and families everywhere would enjoy some peace of mind. >> see, the thing is here, republicans think that the president doesn't want to do anything. at the end of the day, if the president dogs nothing, the bush tax cuts expire. by negotiating. it's almost he has less of a chance by not doing everything he ge
put out a statement saying the boehner offer does not meet the test of balance because it doesn't raise tax rates for the wealthy. we also have a statement saying that the republican offer which they are quoting him in making this offer is simply a mid point of proposals and both sides need to come off their fixed position. >> we have 28 days left. thanks so much. as the markets remain laser focused on the fiscal cliff what else should we be watching tomorrow. joining me now to break it down. good to see you. barry, 30 seconds on the clock. what do you want to watch for tomorrow? >> i think the numbers reported are probably the big numbers, the automotive industry. the average age on the street is 11 years for cars. there is a good possibility auto makers will be responding favorably and the response to the cliff. anything positive would turn the negative emotion to positive emotion in stocks. >> what are we watching? >> i think we will be looking for the bank of canada. no expectation for a rate change. the economy struggling with weak exports and surging loan demand will be an
. a phone call between president obama and house speaker john boehner may be a positive sign in all of this "fiscal cliff" drama, they spoke yesterday raising hopes that formal talks will resume on how to to avoid across-the-board spending cuts and tax increases. we have been saying this for weeks. they will kick in if a budget agreement is not reached by year's end. >>> a number of state lawmakers had their cars fixed and you paid for it. lawmakers lost the perk of a free car about a year ago at least 37 of them deciding to buy the cars. that was an option. they have been using them when the state sold them. first they had all the cars repaired and maintained at state expense. $78,000 worth of work. >> as a taxpayer, you know, it's my money going to it so it's frustrating. >> doesn't sound fair. we work really hard for our money. >> we do. but a source in the legislature says the work was worth it. the state got more money when it sold the cars that were not bought by the lawmakers but had the repairs done. they got more money for those cars. so i guess it evens out. >>> same-sex m
to the speaker today, speaker boehner. let the house vote. if they voted overwhelmingly, mr. president, one republican suggested, one republican house member that more than half of the republicans in the house would vote for giving the tax security to people who make less than $250,000 a year. so i say let's have speaker boehner call upon the republicans in the house to add 25 or so votes to what the democrats would do, and you'd have 218 votes and we could go on to taking care of the fiscal cliff. mr. president, my friend protests too much. the senate is broken and needs to be fixed and we need to change the rules. we change them all the time. last year we changed the rules. why? because, mr. president, what they were doing -- republicans -- just to stop and slow down everything, after two cloture votes -- remember that takes a long time to file two cloture petitions, a couple of days and then 30 hours. two cloture votes, 60 hours. you would think the debate was all over. oh, no, what they decided they were going to do is suspend the rules and have more votes. we put up with it for awhile.
the fiscal cliff. mr. obama and house speaker john boehner took a step yesterday, speaking about the standoff on the phone. i guess at least they weren't texting, right? while the details of their chat remain private, both men continued to talk past each other in public. >> let's allow higher rates to go up for the top 2%. >> there are ways to limit deductions, close loopholes, and have the same people pay more, more of their money to the federal government, without raising tax rates, which we believe will harm our economy. >> treasury secretary tim geithner also weighed in yesterday saying the president is willing to allow the nation to go over the cliff if republicans don't agree to raise taxes on the wealthy. >>> we are learning new details about colorado's shooting suspect james holmes now that thousands of e-mails in the case have been released. messages indicate holmes may have had a brief romantic relationship in the days before the tragedy. we have learned that in early june, holmes began specifically talking and fantasizing about killing a lot of people. his psychiatrist was so worri
their own people. >>> president obama and john boehner will talking on the phone about the fiscal cliff. still, there's no real progress. this all comes as another republican says he's willing to break ranks regarding this. tom coburn said that he -- some are looking for a way to save grace as they move in. >>> allison turns reports, hundreds of thousands of california jobs could be lost. alison? >> reporter: and dave, the defense industry projects about 135,000 jobs would be lost in california over the next few years if those tax increases and massive spending cuts kick in at the end of this month. if there's no deal on those, the pentagon was initially told not to plan for the cuts. that's all changed. in the last 24 hours, the pentagon leaders say they are preparing to slice about 10% of the budget. if we go over the fiscal cliff experts predict one in five defense contracts in california could be -- would be lost. both parties say there's still time to reach a deal and avoid those major losses. >> nobody wants to get this done more than me. >> our goal is to make sure this gets reso
of the national christmas tree started in 1923 with calvin coolidge. house speaker john boehner joins the lighting of the capitol christmas tree. this year's tree is from the colorado white river national forest. watch both ceremonies tonight at 8:00 p.m. eastern here on c- span. >> we have had these explosions of knowledge in medicine, but we have not coordinated care, and all the services that we had end up having so many cracks that the cracks are as harmful as the diseases that we are treating, and you have got to step back and ask, you know, "are we hurting people overall on a global level? what are we doing sometimes?" now we have these reports saying 30% of everything we do may not be necessary in health care. when we step back, 30% of the medications we prescribe, the tests we order, the procedures -- this is something, i think, which is for the first time really being called out as a problem. >> dysfunction in the u.s. health-care industry. dr. marty makary on what hospitals will not tell you, tonight it 10:00 -- at 10:00. >> the supreme court will look at what happened in 2008, and they
and that was what john boehner used as is leverage a year-and-a-half ago in his talks with president obama so there's a belief on the part of democrats that they would like to get this idea in common circulation and also trying to manufacture some dialogue, the debt ceiling really isn't the kind of leverage that it was a year-and-a-half ago. you saw some of that from the president yesterday when he was talking more last week when he was talking about he is not going to play that game anymore. and then it turns out the democrats had enough votes, if it were to be put to a majority vote to pass it through the senate and instead, senator mcconnell insisted that it requires 60 to get past the filibuster. >> on the republican side how would they vote on the fiscal cliff for raising the debt ceiling help the gop make their case? >> guest: i am not sure it would, in all honesty. a lot of people, politically, don't know how effective it would be. >> any indication how things are going, how things are going behind-the-scenes on negotiations on the fiscal cliff? >> there is no public indication. you talk to
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